MIRA
INFORM REPORT
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Report Date : |
06.04.2007 |
IDENTIFICATION
DETAILS
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Name : |
LEVA INT'L TRADING CO |
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Registered Office : |
Flat G 2FL Yuet Wah Mansion 53 Yuet Wah St Kwun Tong
Kowloon |
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Country : |
Hong Kong |
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Date of Incorporation : |
MAY.1, 1998 |
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Com. Reg. No.: |
21635236-000 |
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Legal Form : |
Sole Proprietorship |
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Line of Business : |
Trading of industrial chemicals and other related
products. |
RATING &
COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
Up To USD 5,000 |
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Status : |
Small Company |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
name & address
LEVA INT'L TRADING CO
FLAT G 2FL YUET WAH MANSION 53 YUET WAH ST KWUN TONG KOWLOON,
HONG KONG.
TEL : [+852] 23480052
FAX : [+852] 21746107
EXECUTIVE SUMMARY
INCORPORATION DATE :
MAY.1, 1998
REGISTRATION NO. :
21635236-000
REGISTERED LEGAL FORM :
SOLE PROPRIETORSHIP
CHIEF EXECUTIVE : MR. MO-PUN TONG (CHAIRMAN)
STAFF STRENGTH :
5
AUTHORIZED CAPITAL : N/A
PAID-UP CAPITAL : N/A
BUSINESS LINE :
TRADER
TURNOVER :
N/A (AS OF DEC. 31, 2006)
EQUITIES :
N/A (AS OF DEC. 31, 2006)
PAYMENT :
NORMAL
RECOMM. CREDIT RANGE :
UP TO USD 5,000
MARKET CONDITION :
COMPETITIVE
FINANCIAL CONDITION :
STABLE
OPERATIONAL TREND :
STEADY
GENERAL REPUTATION :
AVERAGE
EXCHANGE RATE :
HKD 7.81608 = USD1 AS OF 2007-4-5
Adopted abbreviations:
ANS - amount not stated
NS - not stated
SC - subject company (the company inquired by you)
NA - not available
M - million
HKD – Hong Kong Dollars
*Company Registration*
===================
License number :
21635236-000
Date issued
: 1 May, 1998
Issuing authority :
Business Registration Office - Inland Revenue Dept
Legal form
: Sole Proprietorship
Type of license :
Business
*Office & Facilities*
================
Other e-mail : stephen_kwan@leva.cn
*Reputation*
==========
Reference checking for the purpose of establishing the firm's
reputation within the respective industry failed to reveal any negative
information.
Website : www.leva.cn The design is professional and the content is
well organized. At present it is in both Chinese and English versions.
Email : julie@leva.cn
For the past 9 years there is no record of litigation.
*Major Shareholders*
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Under Hong Kong corporate law, there is no existing
"shareholder" in a sole proprietorship.
*Key Personnel*
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Mr. Mo-pun Tong
Founder
: Sole Founder
HKID number
: G191658A
Address
: Flat/Rm 1306 Tak Lung
House Tak Tin Estate Lam Tin Kowloon Hong Kong
Date of appointment
: 1 May, 1998
Responsibilities
: Handles the overall management of the company.
As a sole proprietorship there is no legal requirement
according to local corporate law for public disclosure of detailed financials.
*Bank Details*
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Bank name : BANK OF
CHINA (HONG KONG) LTD
Branch : Bank
Of China Centre - Plypian City 11 Hoi Fa Rd West Kowloon
Swift code :
BKCHHKHH
*Main Products & Services*
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Specializes in trading of industrial chemicals and other
related products.
Products : After-sales services
Aluminium paste
Anti-oxidants
Chemical products
Chlorinated polypropylene
*Payment Terms*
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Sales
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Local : Cash or
Credit
Export : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
Purchases
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Local : Cash or
Credit
Import : Letter of Credit (L/C)
Telegraphic Transfer (T/T)
*Local Distribution Network*
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Part of the annual turnover is attributed to local
sales.
*Export Markets*
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Majority of the annual turnover is attributed to export.
*Overseas Suppliers*
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Major overseas customers include :
Country Supplier's Name
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Japan MITSUI
Japan
SUMITOMO CORP
Japan
TOSOH CORP
Japan
IDEMITSU
South Korea HYUNDAI
South Korea
KOLON CORP
USA
EXXON
France
YEARNI
Taiwan
USI CORP
Taiwan
FORMOSA
*(Subsidiaries , Joint-ventures & Affiliates)
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Company Name : CHENGTAI CHEMICAL CO LTD
Address : 4Fl Chenggu Industrial Mansion Guantai Rd Huang
Cun Dongguan 523072 Guangdong China
Country : China
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Chemicals
Company Name : DONGGUAN SHI DONG GANG HUA GONG CO LTD
Address : 4Fl Chenggu Industrial Mansion Guantai Rd Huang
Cun Dongguan 523072 Guangdong China
Country : China
Relationship : Affiliate
Legal Form : Private Limited Company
Company Type : Trader
Industry : Chemicals
Over the past 9 years, SC has made a stable growth with
satisfactory profit. It is considered a credit line up to USD 5,000 appears to
be within SC’s capacities.
Attached:
trade references
SIC PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading
2800 Chemicals and
Allied Products
Trading
2819 Industrial inorganic
chemicals
Trading
2869 Industrial
organic chemicals
Trading
2891 Adhesives and
sealants
Trading
2893 Printing inks
Trading
3069 Fabricated
rubber products
HARMONIZED PRODUCT CLASSIFICATION & ACTIVITY
Activity Code Product/Service Description
Trading
2712 Petroleum
jelly; mineral waxes & similar products
Trading
2804500020 Tellurium
Trading
2804900000 Selenium
Trading
3215 Ink,
printing, writing, drawing etc, concern or not
Trading
3506 Prepared
glues & adhesives; glue retail pack
Trading 3800 Miscellaneous chemical products
Trading 3823905050 Chemical products and preparations of
the chemical or allied industries
Trading
3902100000 Polypropylene
Trading
3911 Petrol
resins, polysulfide etc, primary form
Trading
3911907000 Chlorinated
synthetic rubber
DETAILED PRODUCT CLASSIFICATION & ACTIVITY
Activity Product/Service Description
Trading
Chlorinated products
Trading
EVA
Trading
Hot melt adhesives
Trading
Hot-melt adhesive products
Trading
Industrial chemicals
Trading
Petroleum resins
Trading
Plastic materials
Trading
Printing inks
Trading
Rare metal
Trading
Rare metal selenium
INTERNATIONAL TRADE : ACTIVITY & MARKETS
Exporting to Asia
Exporting to Australia
Exporting to Japan
Exporting to Malaysia
Exporting to Oceania
Exporting to Philippines
Exporting to South Korea
Exporting to Vietnam
Importing from Africa
Importing from Asia
Importing from Belgium
Importing from Brazil
Importing from Europe
Importing from France
Importing from Germany
Importing from North America
Importing from Philippines
Importing from South Korea
Importing from Taiwan
Importing from USA
RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)